Javed Khanani of Pakistan’s biggest money changers committed suicide on Sunday. He was famous for helping change money for Dawood Ibrahim and Lashkar and Haqqani organizations.
His company had already pumped into India Rs. 2 lakh Crores fake money, in the last 10 years and currently had Rs. 40,000 crores of fake Indian currency notes of higher value.
The positive effects of Demonetization by PM Modi.
Our Indian media won’t print this. This is all on Google.
You may google the name of this man and read.

MY RESPONSE

Once you entirely privatise banking (including note issue) – this needs to be done in carefully considered stages – the banks will themselves work out superior ways to defeat counterfeiting, since any bank that doesn’t know how to stop it will be eliminated by market forces.

Currently we depend on ignorant, tenured duffers who have absolutely no knowledge or incentive – to deal with counterfeiting.

I’m so deeply sorry and ashamed about what India has done to Prof. James Tooley. If anything could be done to reverse the torture and agony imposed on him by my CRIMINAL “motherland”, I’d do it.

It all starts with a Deputy Superintendent of Police who wants to get back some of the bribe she had to pay to get her own promotion. She is like a monstrous black spider who sits and spins a careful web to trap Tooley. After months of pre-planning she has him, and she latches on to ALL possible powers (which are ABSOLUTE) in the Indian system to first put him in jail and then harass the hell out of him from 2 March 2014 to 23 June 2014 – nearly four months.

How he escapes her clutches – but she remains as brazenly predatory as ever, fully protected by the criminal governance system of India – is a story that will remain etched in the minds of all readers of Imprisoned in India, a book I received yesterday evening and have finished by now.

Trumped up case, harrowing Kafkaesque nightmare. Even Kafka would not be able to imagine such a nightmare.

Fortunately, at the end, Tooley was able to escape India.

The demand for bribe still remains – and from MODI’S HEADQUARTER IN THE CENTRAL SECRETARIAT. The crooks that govern India will not close the trumped up case against him till they are bribed Rs.8 lakhs.

I say to Tooley – DON’T EVER PAY THESE CROOKS. THEY SHOULD ALL GO TO HELL. AND THEIR SKIN STRIPPED AND BURNT ALIVE – WITH THIS PUNISHMENT REPEATED FOR EVER.

And STAY AWAY FROM INDIA – THE GHASTLY COUNTRY I WAS UNFORTUNATE TO BE BORN IN.

The book comes close in some ways to Rana Ayyub’s Gujarat Files, both being first hand real life accounts of India’s total corruption and criminality. (Looks like I didn’t get time to write about her book in detail on my blog – but Ayyub’s is a book I STRONGLY recommend everyone read – it gets very close to the truth about Modi – who is a mega criminal – as I’ve explained at length on this blog.)

I won’t go into details about Tooley’s book – it should be personally read by everyone for only then can you understand the true horror and sense of helplessness of those who are trapped by the criminals who rule India.

The book adds nothing new to my knowledge of India. The problems that James Tooley has identified which have led to the creation of the private school system in India – are exactly the SAME problems that he directly faced in 2014.

Tooley makes an attempt to understand the causes of this extreme rotten state of affairs. Unfortunately he only skims the surface and misses the key incentives which cause corruption in India. No, it is not about the regulatory regime alone. Yes, that creates the opportunity, but it is the incentive for corruption that is created by the system that is the cause.

Hint: Mrs. Mantra the head spider of this story paid a bribe to get her promotion. She also told you everyone from top to bottom pays a bribe in the police to get a promotion.

Why do they do that? That’s not a regulation issue, is it? So you need to ask more questions.

I have detailed all the reasons in BFN.

Btw, you know Gurcharan Das – he recommended that all Indians read BFN.

Unfortunately, Gurcharan Das has a VERY SUPERFICIAL understanding of India’s governance system. He has not understood its BASICS, and seems to be immune to new learning (at least from my very recent email experience with him – I showed him why his opposition to state funding of elections is so very wrong, but never heard back from him). He not only read BFN but I’ve explained things to him at great length on his visit to Melbourne and on numerous occasions when I’ve met him in Delhi. Also, he attended the governance reforms conference I had organised in IIPA Delhi (extract of my talk here).

I know you care a lot about India. I hope that your good will for India continues despite your horrible experience.

I would urge you to carefully (and I mean carefully) read BFN, particularly chapters 4, 5 and 6. These might be boring, but they get to the bottom of the problems of institutional design in India, and provide a detailed pathway to get out of this mess.

If people like you can understand this, Prof. Tooley, you can help spread the message more widely – since the Western press is EVEN MORE IGNORANT than Gurcharan Das about the causes of India’s huge corruption problem.

And do read SBP’s manifesto – it contains a complete privatisation solution for schools (among a vast number of other reforms).

Swarna Bharat Party is India’s ONLY hope. There is ABSOLUTELY NO OTHER CHOICE if India is to be transformed from a goonda state, a goonda republic, to a civilised land.

You can help by understanding things – unlike the vast millions of ignorant “intellectuals” across the world (including in India).

And DON’T go back to India till Swarna Bharat Party has come to power and fixed things (it will take three years of being in absolute power to change things – things are so horrendously bad).

There was a clown (half socialist, half anarcho-libertarian, half fascist) from Economic Times who joined SBP (see this FB post). Fortunately he has now left. He said he would write about the case for a liberal party for India. I drafted the following points for him – just preliminary thoughts. He did nothing about it, although he wrote: “I shall take some time over this before I publish it. I shall look at multiple areas of publishing it.” (Btw, he has one of the most extreme egos in the world: we know about the commonly cited empty vessel, etc.).

I’m publishing these preliminary thoughts here, and will try to make a proper case for a liberal party on my own, when time permits.

==MY PRELIMINARY DRAFT ==

Angus Madison’s work showed that in 12 out of the past 20 centuries, India was the richest region in the world. However, this information must be taken with a pinch of salt.

Basically, the entire world was almost equally poor till around two hundred years ago. Poverty is the natural state of man.

The key question is why did the income levels in the West take off in such a big way after around 1750 – and particularly from around 1800?

To anyone familiar with the logic of history, and the underlying conditions which led to this change, the answer is as clear as day: it was the ideology of liberty, also known as liberalism, which led to the dramatic changes observed in the status of the common people in the West (starting from Netherlands and England in the seventeenth century).

This change in status, basically the overthrow of feudal social markers, was accompanied by a dramatic improvement in science and technology. It is hard to say which came first, since both Newton and Locke, close friends, were involved in their own way in boosting the role of independent and free human thought – which best explains the burst of innovation and commerce observed from around their lifetimes.

Liberalism involves the respect for ideas regardless of the social status of the thinker, and respect for commercial success and enterprise. Liberalism is the science and philosophy of liberty. It has seared through religion in its wake; and it has seared through aristocratic and feudal relations, replacing them with yuppies and nerds.

The conservatives have always resisted liberalism. They want to hold on to the old order in which their aristocratic rights and privileges over-ride the privileges of the mind and commercial wealth. The conservatives vigorously hate science and the market. They detest the idea of liberty, and that people should be able to rise in life on their own merit.

The West underwent significant debates and political change for hundreds of years before 1700, and it is these debates and political challenges (such as the Magna Carta) which incrementally opened the gates for freedom and tolerance.

India, on the other hand, has not gone through any of these political challenges and debates. Even though there have been a few intellectuals who have sided with the ideas of liberty, politically, liberty has never been a point of difference between its leaders. India has never had a Jefferson or Madison. Gandhi was an arch conservative, wedded to the privilege of caste. Nehru was wedded to the privileges arising from traditional wealth and status.

India’s independence movement was mainly a conservative movement – for replacement of the white sahib with the brown sahib. It did not , except incidentally (such as through the India Act of 1935), adopt the ideas of liberty that had driven the West to global leadership by the early 20th century.

Even Swatantra Party was largely a conservative movement, with a thin veneer of liberalism. Rajaji and Masani’s contribution must not be forgotten, but equally, most of the support for the Swatantra Party came from already well-established interests. There was no Jefferson in its midst.

There is only one way for a nation to become rich: by unleashing its people’s energies. Liberty is the only mechanism that can make India rich.

But there is another aspect of historical human development that must not be forgotten: the element of good governance.

Even as policies of liberty unleash innovation and competition, hence wealth, it is a system of governance which works efficiently and provides all basic services including security, justice and infrastructure, that allows these innovations and competition to flourish.

Today, India is both unfree and has arguably one of the world’s worst governance systems. In this situation, there is clearly a pressing need for a liberal party that can take India forward both in terms of liberty and good governance.

A liberal party will, however, face a very significant challenge from conservative forces (and this includes socialist forces). The status quo benefits a lot of people, both the feudal class and corrupt industrialists. The common people are easily herded by emphasising conservative (religious) issues.

In this netherworld between ancient tradition that has become unashamedly corrupt and liberty, there is a small (very small) force of political activists that is attempting at least to talk about liberty and make a case for good governance.

The manifesto prepared by Swarna Bharat Party is unique. There is nothing else like it in India. This is an extraordinarily well-researched document and provides policy solutions for all aspects of governance that are certain to take India forward by leaps and bounds.

The question now is whether India is ready to shed its old and worn out skin and grow an new and shiny one – that will finally allow India to catch up with the West and perhaps even lead the world thereafter.

India is experiencing a huge wave of ignorant euphoria. The vast majority of the poor think that somehow the rich and the corrupt are being harmed. The middle class are not affected anyway, and continue to live their life of delusion.

I have asked Sanjay Sonawani to record the euphoria of these ignorant people. Within three months – and that’s a guarantee – these same people will start expressing the most extreme form of revulsion and disappointment since:
(a) the corrupt have not been harmed; barely a pin prick – at most,
(b) incentives for black money have increased,
(c) incentives for corruption have increased.

Within three months the people will wonder what this was all about – why did they lose time and money for nothing.

Modi will be then be exposed as the (dangerous/ murderous) clown he is. Things take time but the common man finally does get it – as Indira Gandhi and Vajpayee found much to their chagrin.

And as usual, all corrupt and incompetent jokers are kicked out, one by one. Modi will be kicked out in 2019.

Unfortunately, there is only a steady stream of such clowns lining up in Indian politics, the Kejriwals and Rahul Gandhis – all well stocked with stupid socialist ideas.

But if the people of India are smart, by March 2017, they will recognise SBP as the only and **final** beacon for India. The ONLY party with a real solution.